Piedmont Lithium Inc. (PLL)
NASDAQ: PLL · IEX Real-Time Price · USD
11.48
+0.06 (0.53%)
At close: Jul 19, 2024, 4:00 PM
11.57
+0.09 (0.78%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Piedmont Lithium Stock Forecast
PLL's stock price has decreased by -80.93% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Piedmont Lithium stock have an average target of 76.4, with a low estimate of 15 and a high estimate of 184. The average target predicts an increase of 565.51% from the current stock price of 11.48.
Analyst Consensus: Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for PLL stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $20 → $28 | Hold | Maintains | $20 → $28 | +143.90% | May 10, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $60 | Strong Buy | Maintains | $60 | +422.65% | Apr 16, 2024 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 23, 2024 |
| BMO Capital | BMO Capital | Hold Initiates $20 | Hold | Initiates | $20 | +74.22% | Feb 16, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $25 → $15 | Hold | Maintains | $25 → $15 | +30.66% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
169.01M
from 39.82M
Increased by 324.47%
Revenue Next Year
182.17M
from 169.01M
Increased by 7.79%
EPS This Year
-0.95
from -1.14
EPS Next Year
0.95
from -0.95
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 311.4M | 332.2M | 309.1M | 230.1M |
| Avg | 169.0M | 182.2M | 207.3M | 221.3M |
| Low | 107.9M | 107.8M | 153.9M | 214.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 682.2% | 96.6% | 69.6% | 11.0% |
| Avg | 324.5% | 7.8% | 13.8% | 6.8% |
| Low | 171.0% | -36.2% | -15.5% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.02 | 4.90 | 3.85 |
| Avg | -0.95 | 0.95 | 1.88 |
| Low | -1.98 | -1.39 | 0.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 305.9% |
| Avg | - | - | 98.3% |
| Low | - | - | -93.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.